Patents by Inventor David Adam Josephs

David Adam Josephs has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Patent number: 10311412
    Abstract: According to one embodiment, the present invention relates to a method and a system for transmitting bundled electronic payment and remittance advice for facilitating settlement of claim payments between payers (e.g., insurance companies) and providers (e.g., doctors, hospitals) or suppliers. According to an embodiment of the present invention, the method comprises the steps of receiving an electronic transmission from the payer wherein the electronic transmission comprises payment information and remittance advice; separating the payment information and the remittance advice; routing the payment information to a depository associated with the provider for making a payment authorized by the payer; transmitting the remittance advice to an intended recipient; and confirming the payment and transmission of remittance advice to the payer and the provider.
    Type: Grant
    Filed: March 25, 2010
    Date of Patent: June 4, 2019
    Assignee: JPMORGAN CHASE BANK, N.A.
    Inventors: David Adam Josephs, John Michael Prince, Stuart Mitchell Hanson, Marc Lawrence Fredman, Andrew Yih Hwang
  • Publication number: 20180018647
    Abstract: According to one embodiment, the present invention relates to a method and a system for substantiating claims prior to payment from consumer-directed accounts. A computer implemented method for providing consumer-directed account management comprising the steps of receiving a request for payment for a transaction wherein the request comprises claim data identifying the transaction and a payment amount; adjudicating the request to determine claim eligibility; requesting a validation of available funds in a consumer-directed account associated with a participant for the payment amount, wherein a party contributes a predetermined amount of funds to the consumer-directed account; receiving a confirmation indicating whether the consumer-directed account contains sufficient funds to cover the payment amount; and transmitting a validation message indicating payment validation and claim eligibility.
    Type: Application
    Filed: September 30, 2014
    Publication date: January 18, 2018
    Inventors: Marc Lawrence FREDMAN, John Michael Prince, Kathleen Nugent, Hannah Hayes Dillon, Mark Pratt, David Adam Josephs